AF4D111 - Corporate Reporting 01 Sep 2019 - 31 Jul 2027 | Version 2
Associated Module Information
| Module Code: | AF4D111 | ||
|---|---|---|---|
| Module Title: | Corporate Reporting | ||
| Faculty: | Faculty of Business and Creative Industries | ||
| Faculty Group: | Accounting and Finance | ||
| Faculty Sub Group: | Accounting and Finance | ||
| Module Leader: | Joanna Howell, Rebecca Wright | ||
| Module Team: | Jared Davies | ||
| First Intended Intake: | SEP 2014 | Final Year of Intake: | |
| Date Closed: | |||
| Credit Value: | 40 | Credit Level: | 7 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100845 - financial reporting | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 2 |
|---|---|
| Valid From | 01 Sep 2019 |
| Valid To | 31 Jul 2027 |
Module Aims
To enable students to apply technical knowledge, analytical techniques and professional skills to resolve compliance and business issues that arise in the context of the preparation and evaluation of corporate reports and from providing audit services.
Students will be required to use technical knowledge and professional judgement to identify, explain and evaluate alternatives and to determine the appropriate solutions to compliance issues, giving due consideration to the needs of clients and other stakeholders. The commercial context and impact of recommendations and ethical issues will also need to be considered in making such judgements.
Content Summary
This module forms part of the ICAEW (ACA) Qualification as designed and examined by the ICAEW professional body. See Course Specification and Student Handbook for overall qualification structure. See the ICAEW website for detailed ACA syllabus documents:
Certificate Level:
https://www.icaew.com/-/media/corporate/files/learning-and-development/aca-evolved/syllabus/aca-certificate-level-2019-syllabus-v2.ashx?la=en
Professional Level:
https://www.icaew.com/-/media/corporate/files/learning-and-development/learningpartners/learningmaterials/aca-professional-level-2019-syllabus.ashx?la=en
Advanced Level:
https://www.icaew.com/-/media/corporate/files/learning-and-development/aca-evolved/syllabus/aca-advanced-level-2019-syllabus-v2.ashx?la=en
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Practical classes and workshops | 63 |
| Independent Study | 201 |
| Directed Study | 126 |
| Formative Assessment - Scheduled | 10 |
| Total Hours Selected | 400 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Formulate, implement and evaluate corporate reporting policies for single entities and groups of varying sizes and in a variety of industries. They will be able to discern and formulate the appropriate financial reporting treatment for complex transactions and complex scenarios. Students will be able to evaluate and apply technical knowledge from individual accounting standards and apply professional skills to integrate knowledge where several accounting standards are simultaneously applicable and interact. |
| LO2 | Analyse, interpret, evaluate and compare financial statements of entities both over time and across a range of industries. |
| LO3 | Explain the processes involved in planning an audit, evaluating internal controls, appraising risk including analysing quantitative and qualitative data and using data analytics, gathering evidence and drawing conclusions in accordance with the terms of the engagement. In addition, they will be able to perform a range of assurance engagements and related tasks. |
| LO4 | Evaluate corporate reporting policies, estimates and disclosures in a scenario in order to be able to assess whether they are in compliance with accounting standards and are appropriate in the context of audit objectives. |
| LO5 | Identify and explain ethical issues. Where ethical dilemmas arise, students will be able to recommend and justify and determine appropriate actions and ethical safeguards to mitigate threats. |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Synchronous Onsite Assessment (Exam) | Onsite External Examination 1 | The exam consists of three compulsory questions. The exam is completed on computer The exam is set by ICAEW not by USW. | 210 | N/A | 100 | No | 50 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||||
|---|---|---|---|---|---|
| LO1 | LO2 | LO3 | LO4 | LO5 | |
| Onsite External Examination 1 | ✔ | ✔ | ✔ | ✔ | ✔ |